Incredible Opportunity to Own a Legal 2-Family Home by CO** This home is much larger than it appears from the charming exterior. This spacious property offers 2 bedrooms over 3, with the first-floor layout feeling like a full home. It features beautifully updated hardwood floors, recessed lighting, and a large eat-in kitchen with maple cabinets, including pull-out drawers and 42-inch upper cabinets extending to the ceiling. The kitchen is equipped with updated stainless steel appliances. gas cooking, 2 meters. (Gas in Home Already) Enjoy a formal dining area or cozy den, along with 3 generously sized bedrooms, each with double closets. The first floor also has access to a full basement. The second-floor unit boasts a bright living room that flows into a dining room, an updated kitchen, hardwood floors throughout, a modern bathroom, a primary bedroom with wall-to-wall closets, and a second bedroom that fits a twin bed with a dresser for extra storage. The driveway accommodates 4 to 5 cars parked back-to-back. Whether you're looking to invest or live in one unit while collecting rent from the other, this property offers great potential.
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $615,200 | $615,200 | $615,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $1,504 | $1,504 | $1,504 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,197 | $4,089 | $5,188 |
Total Monthly Payment | $5,793 | $5,685 | $6,784 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.